Townhouse development site
337 & 339 Keary Street, New Westminster
The subject property is a 17,296 SF (131.8’ × 131.1’) development site in the Sapperton neighbourhood of New Westminster. There are architectural plans in place for an 11-unit townhouse project for a total unit saleable area of 14,700 SF. The site is currently improved with 2 single-family homes generating approximately $5,000 per month in revenue.
The property is located in historic Sapperton, a village like neighbourhood within the City of New Westminster.
Notable location highlights within walking distance include the Royal Columbian Hospital, Sapperton Park, the main retail strip of East Columbia a half-block away, the Brewery District community with a variety of shops and amenities, and the Sapperton Skytrain Station only a 5-minute walk away.
Sapperton is nestled in the northeast corner of New Westminster, flush with Coquitlam and Burnaby, and bordered by McBride Boulevard on the west, East Eighth Avenue to the north, and Brunette Avenue and East Columbia Street in the southeast. Sapperton descends from Massey Victory Heights down to the Fraser, and offers views of the river, Mount Baker and the Coast Mountains.
|No. units||Average size||Average rent|
|Type A (4BR)||No. units6||Average size1,339|
|Type B (4BR)||No. units5||Average size1,333|
|Financing||Treat as clear title.|
For more information, please contact the listing agent.
Note: Density, number of units & suite mix based on architectural drawings.
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.